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Author Topic: What's your biggest problem with Bitcoin  (Read 135034 times)
timothythomas
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August 15, 2015, 06:14:00 AM
 #381

the one which comes to mind is sure the adaptation by general market where people can use actually use bitcoin for basic daily life necessities. 
Andy4.4
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August 15, 2015, 06:16:15 AM
 #382

During spam attacks, the confirmation speed is very low.

Can't it be done like litecoin where we have to pay extra to send dust transactions.
It is a good method of preventing spam attacks, in my opinion.

Bitcoin is something which evolves over time. If you want your transaction confirmed quickly, you can always send it with a higher fee.  Smiley
Hmm higher fee.
Yes your point is right, but I will prefer to wait for some extra time for my transactions to confirm than paying extra fee for same transaction.
Andy4.4
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August 15, 2015, 06:19:24 AM
 #383

the one which comes to mind is sure the adaptation by general market where people can use actually use bitcoin for basic daily life necessities. 
For using bitcoins in daily needs, it is very far from now.
Because if you want to buy coffee or pizza with bitcoin in your lunch time then the confirmation time is about 10 minutes and sometimes even more and the breaks are usually of 15 minutes, so in those cases only cash will be preferred.

By forking the confirmation times, it can be utilized in daily life.
eternalgloom
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August 15, 2015, 11:25:57 AM
 #384

Confirmation times for sure, though lately I just give a higher miners fee, that usually makes things go a lot faster.

aakashsangwan
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August 16, 2015, 11:41:26 AM
 #385

Confirmation times for sure, though lately I just give a higher miners fee, that usually makes things go a lot faster.
If you pay the usual fee then also it will get confirmed with almost same pace.
I've set my fee per kb to 10001satoshi, so it is also higher than recommended but not that much and all of my transactions get confirmed within the next minted block.

rinhunter
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August 16, 2015, 12:25:14 PM
 #386

confirmation transaction times.
still an issue for me personally.
although the fee has been great but for confirmation take up to 1 hour.
dollarneed
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August 16, 2015, 01:30:50 PM
 #387

the one which comes to mind is sure the adaptation by general market where people can use actually use bitcoin for basic daily life necessities. 

Yeahh i think so, this is the biggest problem with bitcoin not yours but our problem
when we visited market and purchased our needs through our smartphone
i believe that's gonna be epic Cheesy
MF Doom
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August 17, 2015, 10:07:38 PM
 #388

When I first tried to buy btc, I turned to ebay.  That was a HUGE mistake. 

Other than that I've been burned too many times having btc held up in escrow, price drops, holding onto physical coins too long...really my main problem is I've been burned.
JanaBB
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August 17, 2015, 10:18:47 PM
 #389

For me, probably the transaction confirmation times.  That is one the biggest wow or attractive factors with bitcoin for myself personally.  It is getting too long.
and also for me... I'm in love with bitcoin but i find confirmation time as an disadventage. well... nobody's perfect;]
Yoshi24517
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August 18, 2015, 01:19:52 AM
 #390

For me its the conformation times and the network fees.

I accidentally forgot to include a transaction fee when I sent some coins, and it came back 2 days later because no one confirmed it, then I resent them again, this time, with a transaction fee, but I inadvertently made a double spend because of that.

Evil Steve
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August 18, 2015, 08:49:53 AM
 #391

my biggest problem is that there's too much talking about the blockchain.
Too many factions: looks like politics.

I supposed that this technology was able to avoid these kind of discussions: I was wrong.

Satoshi should come back to put some order around.

I think satoshi coming back would only complicate things more. What if people didn't like what he had to say? I'm afraid politics and also financial interest always gets involved with any good tech or idea but bitcoin can hopefully rise above all the bullshit and bickering.
kpitti
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August 18, 2015, 08:58:46 AM
 #392

My biggest problem is that there is too little places to spend it. I would like to have more options where to pay and purchase. Hope it will improve.
Jeff Chang
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August 18, 2015, 09:01:41 AM
 #393

My biggest problem is that there is too little places to spend it. I would like to have more options where to pay and purchase. Hope it will improve.

This will hopefully improve over time though it isn't going to happen overnight. I agree with you that it is a problem especially for those who want to use it as a currency but in the meantime we can hold it for x number of years and by the time we can spend it many places hopefully it'll be worth much more.
lahm-44
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August 19, 2015, 06:30:53 AM
 #394

during transaction process it may take up to 2 to 20 minutes for complete transaction.if i want to use suddeny come a work and we need to bitcoin to paying bitcoin but it will come fast it will take long time to transction process so this is biggest problem of bitcoins.
hey mate there is already a solution for that problem..just pay high tax and then your transaction will be instant..you have to know about hiw transactions work http://bitcoin.stackexchange.com/questions/4838/what-does-a-bitcoin-transaction-consist-of try this link hope it can help to clear your knowledge or doughts
fruito
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August 19, 2015, 06:35:40 AM
 #395

My biggest problem is i don't know how long bitcoin can be live on this planet?
wadili89
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August 19, 2015, 06:56:34 AM
 #396

My biggest problem is that there is too little places to spend it. I would like to have more options where to pay and purchase. Hope it will improve.

its not true anymore if you talk about online only there is no thing online which i want to buy and i could not if you want to buy something and there are 10 provider providing that then 2 of them are accepting bitcoins and also you can buy anything from amazon using a third party there are many.

Amph
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August 19, 2015, 07:20:51 AM
 #397

another problem that i'm facing right now, is that there is no real consensus, if we can divide the comunity so easily..it's possible that a split like this can happen in the future and it can be more severe, imagines if instead of a two way split we get a 3 way or somethign worse...
kostya.ash
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August 19, 2015, 07:27:52 AM
 #398

another problem that i'm facing right now, is that there is no real consensus, if we can divide the comunity so easily..it's possible that a split like this can happen in the future and it can be more severe, imagines if instead of a two way split we get a 3 way or somethign worse...

whether you mean now is bitcoin xt ?
gripflierGO
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August 19, 2015, 01:03:40 PM
 #399

My biggest problem is that there is too little places to spend it. I would like to have more options where to pay and purchase. Hope it will improve.

This will hopefully improve over time though it isn't going to happen overnight. I agree with you that it is a problem especially for those who want to use it as a currency but in the meantime we can hold it for x number of years and by the time we can spend it many places hopefully it'll be worth much more.

Yes and it also depends on which country you are living in, as there are many countries who are not involved in accepting bitcoins as a mode of payment and many of them have even not heard about the bitcoins, so it would be hard to find any shop where you can buy physical goods using bitcoins, but when it comes to online shopping I don't think there would be any issue.
mattiadeabtc
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August 20, 2015, 10:22:32 AM
 #400

my most 'big problem at the moment is the dump of the whales that make money, while many lose purchasing power.

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